The company's fundamentals are relatively stable. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Hold. Despite a weak stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
The company's current financial score is 8.29, which is higher than the Oil & Gas industry's average of 7.21. Its financial status is weak, and its operating efficiency is high. Its latest quarterly revenue reached 470.26M, representing a year-over-year increase of 90.52%, while its net profit experienced a year-over-year increase of 198.84%.
Key Metrics
The company’s current valuation score is 8.52, which is higher than the Oil & Gas industry's average of 7.44. Its current P/E ratio is -67.40, which is -181.83% below the recent high of 55.15 and -189.31% above the recent low of -194.98.
The company’s current earnings forecast score is 6.13, which is lower than the Oil & Gas industry's average of 7.36. The average price target for Comstock Resources Inc is 19.00, with a high of 32.00 and a low of 9.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 7.30, which is higher than the Oil & Gas industry's average of 6.92. Sideways: Currently, the stock price is trading between the resistance level at 21.87 and the support level at 16.74, making it suitable for range-bound swing trading.
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The company’s current institutional recognition score is 3.00, which is lower than the Oil & Gas industry's average of 5.67. The latest institutional shareholding proportion is 30.80%, representing a quarter-over-quarter decrease of 70.94%. The largest institutional shareholder is The Vanguard, holding a total of 8.93M shares, representing 3.05% of shares outstanding, with 3.27% decrease in holdings.
The company’s current risk assessment score is 5.23, which is lower than the Oil & Gas industry's average of 6.36. The company's beta value is 0.24. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.
